Business Models

Private banks have come up with a number of ways to try to boost revenues in the face of increased regulation, including adopting a more disciplined investment approach and increasing productivity through digitalisation

The millennial generation provides a huge opportunity for those wealth managers able to win their custom, but traditional firms face serious competition from new challengers who are putting digital engagement at the heart of the client experience.

Private banks may talk a good game about how they are transforming themselves, but most are really only repackaging existing services. A much more significant change is required, in areas such as ESG investing and in the digital arena, if they are to engage with a new generation of clients

Clients of private banks share a huge amount of data and family information with their financial providers, yet the service they receive seldom matches expectations. The time has come for these wealth managers to learn from other industries.

Wealth Tech Awards 2019

The Banker

The Banker is the world's premier banking and finance resource. It is also the key source of data and analysis for the industry with its unique database of more than 4000 banks maps their financial strength and soundness. www.thebanker.com

FT Wealth

How do you preserve your wealth, pass it on to your children or give it away, do you choose advisers, or handle the impact your wealth has on you, your family and your associates? FT Wealth helps find the answers to these and other questions affecting the wealthy.

FTfm

FTfm is the touchstone for the global fund management industry. It provides news, trend analysis, interviews, debate and thought leadership to the world’s top asset managers and institutional investors, as well as prices.Distributed in print every Monday throughout Europe and Asia, monthly in the US and online at ft.com/ftfm.